how and for what do they pay at mylot?

hello rahil :-) my answer is all of the above and more. mylot pays you for the content you are putting on the site. so you earn money by replying to discussions, starting a topic, adding images to discussions and by referring friends. you have to produce quality posts to be able to earn more and faster. do not start topics that are just one to two sentences. that won't earn enough. the quality of the posts is very important. while you are still new in mylot, i guess you will also feel that this takes too much work and may be discouraged. but mylot really pays. however, you have to really work hard and persevere. you need to be consistent too.